Premier Community Credit Union is headquartered in Stockton and is the 133rd largest credit union in the state of California. It is also the 1,262nd largest credit union in the nation. It was established in 1931 and as of September of 2013, it had grown to 35 employees and 12,430 members. Premier Community Credit Union has a B+ health rating.
Membership at Premier Community Credit Union is open to anyone living or working in San Joaquin County including the following individuals, associations and groups that are part of our original membership charterr: *Employees, retirees and elected board officials of public and accredited or licensed private schools in San Joaquin County *Employees and retirees of J.R. Simplot Company *Members, employees and retirees of any active education associations in San Joaquin County *Students of higher education in San Joaquin County *Anyone related to an existing Premier Community member by blood, adoption or marriage - See Details
Make deposits for my boss at Premier and have been very pleased with how they look at their customers as real people and not over charge like BBVA has done to me...My goal is to open accounts with them plus receive $25.00. Also, my boss will receive $25.00. That's my short term goal. My
Boss is very happy with Premier and has invited others to look into what they offer at Premier Credit Union because they are very helpful and fees are extremely fair.
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2013 Premier Community Credit Union had $1.58 million in non-current loans and owned real-estate with $13.34 million in equity and loan loss allowances on hand to cover it. This gives Premier Community Credit Union a Texas Ratio of 11.85% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Premier Community Credit Union held steady from 9.82% as of September 30, 2012 to 11.85% as of September 30, 2013, resulting in a negative change of 20.67%. This indicates that the balance sheet and financial strength for Premier Community Credit Union has held steady in recent periods.
In the past year, Premier Community Credit Union has increased its total deposits by $3.82 million, resulting in 3.47% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Premier Community Credit Union has shown is excellent.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Premier Community Credit Union has $127.2 million in assets with $13.34 million in equity, resulting in a capitalization level of 10.49%, which is above average.
|Assets and Liabilities|
|Equity Capital||$11.61 million|
|Loan Loss Allowance||$1.74 million|
|Unbacked Noncurrent Loans||$875,000|
|Real Estate Owned||$706,000|
|Historic Data - September 2012|
|Equity Capital||$11.95 million|
|Loan Loss Allowance||$2.10 million|
|Unbacked Noncurrent Loans||$875,000|
|Real Estate Owned||$723,000|
|Profit Margin - Quarterly|
|Net Interest Margin||4%|
|Return on Assets||0.36%|
|Return on Equity||3.99%|
|Interest Income||$2.46 million|
Sorry, we do not have rate data for Premier Community Credit Union
|Premier Community Credit Union Locations|
|Branch Office||3315 W Benjamin Holt Dr||Stockton, CA 95219-3560|
|Branch Office||2275 W Louise Ave||Manteca, CA 95337|
|Branch Office||504 W Lodi Ave||Lodi, CA 95240-3425|
|Branch Office||3255 W Benjamin Holt Dr||Stockton, CA 95219-3706|